secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001539838-23-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Diamondback Energy reports Q1 2023 unhedged realized price of $49.72/BOE, derivative net loss of $93M
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- Average unhedged realized price: oil $73.11/bbl, gas $1.46/Mcf, NGLs $23.16/bbl; combined $49.72/BOE.
- Hedged average realized price: oil $72.05/bbl, gas $1.96/Mcf, NGLs $23.16/bbl; combined $49.72/BOE.
- Derivative activity: net gain on cash settlements of $1M, non-cash net loss of $94M, net loss of $93M.
- Weighted average shares outstanding: basic and diluted 181.988M for Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000153983823000034/0001539838-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000153983823000034/fang-20230420.htm
  HTML page:      https://secwatch.observer/filing/0001539838-23-000034

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